OFFICIAL Vistana *2021* Maintenance Fees Thread

[kozykritter]

This thread is for Vistana 2021 maintenance fees discussions. I will also request that the database be extended into 2021, and will post here when it is.

2021 has been added: Link to the Vistana Database: http://www.eternaltides.com/SVN/SVNHome.aspx

A big thank you to Nico, for maintaining this database for us!

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2021 Sheraton Flex .01731 per option, annual increase of .00113 (7%).

Largest component of increase is for anticipated higher amount of owner delinquencies and past due receivables.

 

[jabberwocky]

WFlex 67,100 EOYO

2021 fees: $691.80
2020 fees: $678.38
No VSN fee included
2% increase YOY due to increased expenses for common areas and cleaning at component resorts as well as decreased rental revenue.

 

[Mroze]

Aventuras-Flex 95700 Every-Other-Year EVEN.
2021-Fees: $701.34
Cost/SO: $0.014657
Increase: Don't have 2020-Fees.

Westin-Lagunamar [WLR]: 148100 Every-Year
2020-Fees: $1490.56
Cost/SO: $0.010064
Increase: 5.33%

Westin-Kierland [WKV]: 148100 Every-Year
2020-Fees: $1645.61
Cost/SO: $0.011111
Increase: 5.13%

 

[DeniseM]

Bumping to the top of the forum - I will stick it at the top later.

 

[Ckhawaii]

Aventuras-Flex 95700 Every-Other-Year EVEN.
2021-Fees: $701.34
Cost/SO: $0.014657
Increase: Don't have 2020-Fees.

Westin-Lagunamar [WLR]: 148100 Every-Year
2020-Fees: $1490.56
Cost/SO: $0.010064
Increase: 5.33%

Westin-Kierland [WKV]: 148100 Every-Year
2020-Fees: $1645.61
Cost/SO: $0.011111
Increase: 5.13%

Aventuras was .014657 last year so if that’s the case no increase. Strange that lagunamar went up 5%...

 

[cubigbird]

Aventuras was .014657 last year so if that’s the case no increase. Strange that lagunamar went up 5%...

That has to be last years WLR fee. We won’t know WLR 2021 fees for another 2-3 months.

 

[jabberwocky]

That has to be last years WLR fee. We won’t know WLR 2021 fees for another 2-3 months.

It is. It says 2020 in the post.

 

[DannyTS]

It is odd the Aventuras fees are not lower next year. I assume that many expenses are in Mexican pesos and the local currency is down 20%. The resorts were closed for 2-3 months and even now they function at a reduced capacity.

 

[jabberwocky]

Aventuras was .014657 last year so if that’s the case no increase. Strange that lagunamar went up 5%...

They may have capped Aventuras fees for a few years to help with sales. They did this with WFlex before we saw a big hike last year.

 

[Ckhawaii]

They may have capped Aventuras fees for a few years to help with sales. They did this with WFlex before we saw a big hike last year.

Didn’t see the 2020 on the lagunamar, whoops.

Aventuras jumped I think 6% last year. Probably didn’t go up this year due to the peso going from 18 to 22 per USD. DannyTS is right, I’m real surprised it didn’t go down.

 

[jabberwocky]

Didn’t see the 2020 on the lagunamar, whoops.

Aventuras jumped I think 6% last year. Probably didn’t go up this year due to the peso going from 18 to 22 per USD. DannyTS is right, I’m real surprised it didn’t go down.

Usually they provide a breakdown for what is driving the change. Is anyone who owns Adventuras willing to share what that breakdown is?

 

[Mroze]

Usually they provide a breakdown for what is driving the change. Is anyone who owns Adventuras willing to share what that breakdown is?

We have only owned Weeks and have always seen the breakdown.

This is the first payment on FLEX and I see no breakdown.
Following is the cost for Aventuras-Flex 95700-HO [Every-Other-Year]

 

[jabberwocky]

We have only owned Weeks and have always seen the breakdown.

This is the first payment on FLEX and I see no breakdown.
Following is the cost for Aventuras-Flex 95700-HO [Every-Other-Year]

If you go into statements (not the payment area) and download the PDF version they usually include something like this on the second page of the statement (just before the budget). Here is the Westin Flex version.

 

[Mroze]

If you go into statements (not the payment area) and download the PDF version they usually include something like this on the second page of the statement (just before the budget). Here is the Westin Flex version.
View attachment 24991

Thanks for the direction.
Here is what I see for Aventuras-Flex 2020 V 2021.

 

[jabberwocky]

Thanks for the direction.
Here is what I see for Aventuras-Flex 2020 V 2021.
View attachment 24996

Just curious as to how the annual meeting expenses would be higher this year? Zoom license?

 

[DannyTS]

so the actual expenses did go down approx 9%, they increased the reserves by 7% to avoid lowering the MF.

 

[DannyTS]

Just curious as to how the annual meeting expenses would be higher this year? Zoom license?

it is better to look at the actual budget to compare with last year. The "key changes" are rather meaningless, they are too vague.

 

[DeniseM]

Nico has added 2021 to the database, so have at it!

A big thanks to Nico who provides this valuable service to our forum!!!

 

[jabberwocky]

First entry in the database is there.

I can’t edit my prior post but Westin Flex MF works out to be $0.0206/HO without the SVN fee (EOY unit - I think the annual and EOY fees work out to be the same.

 

[controller1]

First entry in the database is there.

I can’t edit my prior post but Westin Flex MF works out to be $0.0206/HO without the SVN fee (EOY unit - I think the annual and EOY fees work out to be the same.

Yes, I own annual and it also is $0.0206 per Home Option.

 

[clymberz]

Rookie question, but when are fees due? Also, does anyone know the fee schedule for WKORV?

 

[jabberwocky]

Rookie question, but when are fees due? Also, does anyone know the fee schedule for WKORV?

For most weeks owners it is the end of December usually. For the flex programs I believe it is 30 days after the statement date - so this year it falls in Sept for those contracts.

WKORV hasn’t been released yet - but I think you should see something in Oct. Last year they were really late it seemed.

 

[DannyTS]

This thread is for Vistana 2021 maintenance fees discussions. I will also request that the database be extended into 2021, and will post here when it is.

2021 has been added: Link to the Vistana Database: http://www.eternaltides.com/SVN/SVNHome.aspx

A big thank you to Nico, for maintaining this database for us!

---------------------------

2021 Sheraton Flex .01731 per option, annual increase of .00113 (7%).

Largest component of increase is for anticipated higher amount of owner delinquencies and past due receivables.

I am curious to see if they will budget the reserves for delinquencies the same percentage across all the point programs and resorts or if they are going to try to anticipate how they will look like in reality. I am thinking that Sheraton Flex is the weakest and may see more delinquencies than Westin Flex and Westin Aventuras. Also, the deeds at the resorts that have some resale value will probably first go down in price, defaulting is the last resort and only if a discounted sale does not happen.

 

[controller1]

I am curious to see if they will budget the reserves for delinquencies the same percentage across all the point programs and resorts or if they are going to try to anticipate how they will look like in reality. I am thinking that Sheraton Flex is the weakest and may see more delinquencies than Westin Flex and Westin Aventuras. Also, the deeds at the resorts that have some resale value will probably first go down in price, defaulting is the last resort and only if a discounted sale does not happen.

Well so far of Sheraton Flex, Westin Flex and Aventuras, the only one that has highlighted bad debt expense as a budgeted increase in their maintenance fee is Sheraton Flex.

 

[DannyTS]

Well so far of Sheraton Flex, Westin Flex and Aventuras, the only one that has highlighted bad debt expense as a budgeted increase in their maintenance fee is Sheraton Flex.

Westin Aventuras increased the reserves by 7% (post #14). While the text does not specify delinquencies, I just do see other reasons to increase them by so much. Let's keep in mind that the peso is down 20% and a lot of the resort expenses should be a lot lower.